BMW and Toyota join hands for a greener future
With most companies running around to find the next big thing in internal combustion, Toyota and BMW have decided that they should collaborate to collectively work towards a greener future. Both companies have announced a new partnership in which the companies will jointly develop lithium-ion batteries and BMW will also supply diesel engines to Toyota in Europe. The MOU was signed at the on-going Tokyo motor show to collectively work towards the next-generation environmental-technology projects. So what does each company gets out of the deal?
The partnership will not affect BMW's current collaboration with PSA/Peugeot-Citroen to develop hybrid systems for compact cars. Let's hope this German-Japanese collaboration is successful and does not head the Suzuki-VW way. Source: InsideLine.com |
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